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709 King Of Prussia Rd PROPERTY INFO
FACTS
- Built In 1956
- Price/Sqft : $241.17
CONSTRUCTION
- Beds : 4
- Floor Size : 3,220 sqft
- Baths : 2 Full 1 Half
709 King Of Prussia Rd SCHOOLS
Financial Details
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WAYNE
Neighborhood : WAYNE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,101 per month.
MY RENT : $3,101 MEDIAN RENT : $2,783
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,101 would therefore be considered affordable for annual household incomes greater than $124,040 (12 months x 3.333 x $3,101).
HOUSEHOLD INCOME RANGE
Approximately 3,598 of households in this neighborhood have a total annual income of $124,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,101 per month.
MINIMUM INCOME RANGE : $124,040
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
WAYNE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.1% |
| Educational Services | 13.2% |
| Financial Industries | 13.2% |
| Health Care & Social Assistance | 13.4% |
| Professional & Scientific Tech Services | 16.1% |
| Retail & Wholesale Trader | 10.7% |
| Other | 26.4% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 35% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.2% |
| 15-19 | 9.5% |
| 20-24 | 7.0% |
| 25-44 | 19.9% |
| 45-65 | 30.2% |
| 66+ | 15.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 15.7% |
| Construction | 5.6% |
| Healthcare | 7.3% |
| Legal | 4.8% |
| Management, Business, & Financial | 36.8% |
| Sales & Office | 18.2% |
| Other | 11.7% |
HIGHEST EDUCATION LEVEL
41% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 4.8% |
| High School | 8.9% |
| Masters Degree | 25.3% |
| Professional | 7.6% |
| Some College | 9.5% |
| Other | 43.9% |
709 King Of Prussia Rd Comps
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709 King Of Prussia Rd, Radnor, PA 19087 is a single family home of 3,220 sqft. HomeUnion INVESTimateĀ® for 709 King Of Prussia Rd includes a Price Estimate of $776,560 and a Rent Estimate of $3,101. This single family home has 4 bedrooms,3 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 4.79% and Total Return of 8.28%. The estimated 1 year forecast in home value for 709 King Of Prussia Rd is 1.56%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , DELAWARE County , or the 19087 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
